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Authorities & Government

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IPO Results Value DONG at EUR 13.2 Billion
Authorities & Government

IPO Results Value DONG at EUR 13.2 Billion

DONG Energy has announced the results of its Initial Public Offering (IPO) through which 17.4% of the company’s shares have been allocated to more than 36,000 new investors at the final offer price of DKK 235 (EUR 31.6), leading to a market capitalisation of the company of DKK 98.2 billion (EUR 13.2

about 10 years ago
IPO Results Value DONG at EUR 13.2 Billion
Authorities & Government

IPO Results Value DONG at EUR 13.2 Billion

DONG Energy has announced the results of its Initial Public Offering (IPO) through which 17.4% of the company’s shares have been allocated to more than 36,000 new investors at the final offer price of DKK 235 (EUR 31.6), leading to a market capitalisation of the company of DKK 98.2 billion (EUR 13.2

about 10 years ago
German Federal Cabinet Sends 2016 Renewable Energy Sources Act to Parliament
Authorities & Government

German Federal Cabinet Sends 2016 Renewable Energy Sources Act to Parliament

Germany’s Federal Cabinet has completed the amended 2016 Renewable Energy Sources Act (EEG 2016) which will now be sent to the Parliament (Bundestag and Bundesrat). The amended EEG 2016 includes a draft bill for the development and promotion of offshore wind energy –WindSeeG, which proposes two offs

about 10 years ago
North Seas countries fasten offshore renewables ties
Authorities & Government

North Seas countries fasten offshore renewables ties

North Seas region countries have signed an energy cooperation declaration focussing on the development of cost effective offshore wind and wave renewable energy.

about 10 years ago
DONG Shares for Retail Investors Fly off the Shelf
Authorities & Government

DONG Shares for Retail Investors Fly off the Shelf

DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g

about 10 years ago
DONG Shares for Retail Investors Fly off the Shelf
Authorities & Government

DONG Shares for Retail Investors Fly off the Shelf

DONG Energy will close initial public offering (IPO) to retail investors with orders up to and including DKK 3 million on 7 June at 4 PM CET, one day earlier than initially planned ”due to the aggregate demand from retail investors exceeding the expected allocation of offer shares to this investor g

about 10 years ago
Ocean energy to supply 10% of EU energy mix by 2050?
Authorities & Government

Ocean energy to supply 10% of EU energy mix by 2050?

‘Can ocean energy sources provide 10% of the EU’s energy mix by 2050?’ is the name of a demo & debate session set to take place during European Sustainable Energy Week (EUSEW) being held from June 14 to 16, 2016.

about 10 years ago
Norwegians Urge for Offshore Wind Demo Sites After Survey Reveals Multi-Billion Potential
Authorities & Government

Norwegians Urge for Offshore Wind Demo Sites After Survey Reveals Multi-Billion Potential

Norwegian offshore wind industry representatives have urged the government to create a working strategy for the establishment of full-scale demonstration sites after a survey showed that Norwegian companies valued their export potential in the North Sea offshore wind market between 2025 and 2040 at

about 10 years ago
MORL to Open Consultation on Moray Firth Western Development Area
Authorities & Government

MORL to Open Consultation on Moray Firth Western Development Area

Moray Offshore Renewables Ltd (MORL) has announced intention to open consultation on the development of offshore wind on the remainder of its zone in the Outer Moray Firth off Scotland this month. In 2010, The Crown Estate awarded MORL development rights for offshore wind development in Zone 1 (Mora

about 10 years ago
DONG Energy Raises IPO Minimum Price Target
Authorities & Government

DONG Energy Raises IPO Minimum Price Target

The minimum price target for DONG Energy’s shares which are expected to start trading on Nasdaq Copenhagen on 9 June has been raised, Reuters reported a source familiar with the matter as saying. The company’s owners have set a price range of between DKK 220 to DKK 255 per share, as opposed to initi

about 10 years ago
North Sea Countries Partner Up to Lower Offshore Wind Cost
Authorities & Government

North Sea Countries Partner Up to Lower Offshore Wind Cost

The Netherlands, Germany, Belgium, Luxembourg, France, Denmark, Ireland, Sweden and Norway have vowed to collaborate in terms of planning and constructing offshore wind farms. Dutch Minister of Economic Affairs, Henk Kamp, is the initiator of the cooperation, under which the countries will also inve

about 10 years ago
North Sea Countries Partner Up to Lower Offshore Wind Cost
Authorities & Government

North Sea Countries Partner Up to Lower Offshore Wind Cost

The Netherlands, Germany, Belgium, Luxembourg, France, Denmark, Ireland, Sweden and Norway have vowed to collaborate in terms of planning and constructing offshore wind farms. Dutch Minister of Economic Affairs, Henk Kamp, is the initiator of the cooperation, under which the countries will also inve

about 10 years ago
Offshore Wind Declaration: EUR 80/MWh or Less Possible by 2025 with Right Policies and Cooperation
Authorities & Government

Offshore Wind Declaration: EUR 80/MWh or Less Possible by 2025 with Right Policies and Cooperation

Eleven major energy companies have signed a declaration stating that offshore wind can be fully competitive with coal and gas by 2025, achieving a cost of EUR 80/MWh and below, but only if the industry achieves long-term stability through right policies and closer international cooperation. Currentl

about 10 years ago
SeaEnergy Goes Into Administration, Sells R2S Business to James Fisher
Authorities & Government

SeaEnergy Goes Into Administration, Sells R2S Business to James Fisher

Aberdeen-based SeaEnergy has gone into administration and sold its Return to Scene (R2S) business to James Fisher & Sons plc for GBP 1.9 million. KPMG’s Geoff Jacobs, Blair Nimmo and Tony Friar were appointed as joint administrators of the offshore energy services provider on June 2. SeaEnergy is th

about 10 years ago
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